New Mountain Capital has acquired Diversified Foodservice Supply Inc from KRG Capital Partners. No financial terms were disclosed. Robert W. Baird & Co. was financial advisor to DFS on the transaction. Headquartered in Mount Prospect, Illinois, DFS is a provider of maintenance, repair and operations parts, supplies and equipment to the foodservice industry.

ICF has agreed to buy Olson from KRG Capital Partners and other minority shareholders for $295 million in cash. The transaction is expected to be completed by mid-November 2014. Based in Minneapolis, Olson is a marketing technology and digital solutions provider.

KRG Capital Partners has closed its sale of UniversalPegasus International to Huntington Ingalls Industries. No financial terms were disclosed. Headquartered in Houston, UPI is a provider of engineering and project management solutions to the energy sector.

Huntington Ingalls Industries has agreed to acquire UniversalPegasus International, a portfolio company of KRG. No financial terms were disclosed for the transaction, which is expected to be completed this June. Headquartered in Houston, UPI is a provider of engineering and project management solutions to the energy sector.

Focus Corporation, a provider of multi-disciplinary engineering services in Western Canada principally to the oil and gas industry, has entered into a definitive agreement to be acquired by WSP Global in an all cash transaction valued at approximately $366 million. Harris Williams & Co is acting as the exclusive advisor to Focus, a portfolio company of KRG Capital Partners.

KRG Capital Partners‘ portfolio company Fort Dearborn Company has completed the acquisition of FetterGroup’s paint & coating labels business. KRG made its initial investment in Fort Dearborn Company in August 2010 and the acquisition of FetterGroup’s paint & coatings label business represents the 179th investment for KRG since its inception. Fort Dearborn Company is a supplier of cut and stack, pressure sensitive, roll-fed and shrink sleeve labels.

KRG Capital Partners has been on a selling spree in recent months, which should put the Denver-based buyout firm in a promising position to raise its fifth fund. The firm has logged four exits since mid-December, returning more than $800 million to investors, according to a source close to the firm. The firm’s fourth and […]

Denver-based buyout firm KRG Capital Partners has sold Tronair Holdings. Tronair is a manufacturer of ground support equipment for business, commercial and military aircraft. KRG acquired Tronair in February of 2008 and the sale represents KRG’s second full exit from its $1.96 billion Fund IV. PRESS RELEASE KRG Capital Partners (KRG), a Denver-based buyout firm, […]

Greenbriar Equity Group has acquired PetroChoice, a distributor of petroleum lubricant solutions. Greenbriar acquired the company from KRG Capital Partners. Terms of the transaction were not disclosed. PRESS RELEASE Greenbriar Equity Group LLC today announced the acquisition of PetroChoice, a leading, value-added distributor of petroleum lubricant solutions. Greenbriar acquired the Company from KRG Capital Partners. […]

Denver-based private equity firm KRG Capital Partners has completed its sale of Avizent to York Risk Services Organization Inc. The deal closed on December 15, and is KRG’s third exit from its third fund. York Risk Services Organization is a portfolio company of ABRY Partners. Terms of the all-cash deal were not released.

PetroChoice, which is backed by KRG Capital Partners, has acquired Anderson Lubricants from shareholder Steve King. Financial terms weren’t disclosed. King, who is Anderson’s CEO, and well as existing company management, will continue in their roles. PetroChoice, of Riddlesburg, Pa., is focused on buying lubricant distributors to expand its geographic footpritn and service offerings. Anderson, which distributes commercial and industrial ExxonMobil and private label products, will serve as the foundation for PetroChoice’s Midwest division.